Investing
Hedge Funds Pitch Crypto Platform, Japanese Lasers, Steel Producers and More
- Oasis calls for merger of Bengang and Angang in China
- Other pitches include QD Laser, SPACs, Vietnam jewelry chain
An attendee tries out a QD Laser Inc. Retissa Display retinal projection eyewear device.
Photographer: Kiyoshi Ota/BloombergThis article is for subscribers only.
Chinese steel producers, a cryptocurrency platform, Japanese lasers and parking lots and a Vietnamese jeweler were among bets pitched by Asia hedge funds at the Sohn Investment conference in Hong Kong.
Keita Arisawa, founder and chief investment officer of Seiga Asset Management, is bullish on Tokyo-listed QD Laser Inc. Marshall Wace Asia Chief Executive Officer Amit Rajpal is backing digital broker Monex Group Inc. Rajesh Sachdeva, founding partner of Flowering Tree Investment Management, is betting on Vietnam’s Phu Nhuan Jewelry JSC, while Oasis Capital Management called for a merger of two of China’s biggest steel makers.